Everlife acquires Research Instruments to boost presence in life science and clinical diagnostics
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Everlife acquires Research Instruments to boost presence in life science and clinical diagnostics

The RI investment comes on the back of three other recently completed transactions in Malaysia and Singapore in the last two months

  • By IPP Bureau | March 10, 2022

Everlife Holdings, a leading market access and distribution company in India and South East Asia, has announced the completion of its acquisition of Research Instruments (RI), a leading provider of scientific and laboratory instrumentation in Singapore, Malaysia, Thailand and Vietnam. Founded in 1989, the group has established itself as a trusted partner to the life science and scientific community, supplying a range of products from almost 30 principals including globally recognized brands like Cytiva, Agilent, PacBio, Nanostring, Cell Signaling Technologies, Proteintech, Twist Bioscience, Quanterix, Thermo Fisher and others. RI also supplies Pure-NA and True-Pro, their own brand of reagents and consumables for genomics and protein research. RI currently employs over 70 people in 4 countries who provide a full suite of services including sales, marketing, service and regulatory and logistical support.

The RI investment comes on the back of three other recently completed transactions in Malaysia and Singapore in the last two months. The other companies, Medigene Sdn Bhd, Analisa Resources Sdn Bhd and Scientific Resources Pte Ltd, are well-established players in clinical diagnostics, analytical and life sciences with portfolios highly complementary to RI's. Everlife already commands a leading position in the region, particularly in the clinical diagnostics space in Malaysia, Philippines and India. The recent transactions will allow the company to consolidate products and enter synergistic segments in analytical and life sciences, while also gaining foothold in geographies like Thailand and Vietnam

Raman Gandotra, CEO of Everlife, said, "RI embodies what Everlife looks for in companies and they have become one of the leading names in the laboratory business by consistently offering superior products and services to their customers and principals. I am thrilled to welcome the RI team to the Everlife family, and look forward to working together to advance our common vision to Enable Better Outcomes in our region."

Gregor Kent, CEO of Research Instruments, also commented, "I am impressed with the success Everlife has achieved in the region and I believe that RI will benefit from the experience, professionalism and resources of a large multinational group, including marketing, IT, HR and a rigorous compliance team. We are excited to be part of Everlife and to achieve even greater heights with their support."

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